Hargreaves Services (LON:HSP) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Hargreaves Services Plc (LON:HSP) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 562.95 ($7.14) and traded as low as GBX 557.37 ($7.07). Hargreaves Services shares last traded at GBX 588 ($7.45), with a volume of 46,702 shares.

Hargreaves Services Price Performance

The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 17.78. The company has a 50 day simple moving average of GBX 556.38 and a two-hundred day simple moving average of GBX 562.95. The firm has a market capitalization of £193.80 million, a P/E ratio of 1,589.19 and a beta of 0.85.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider Stephen Craigen sold 2,652 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of GBX 582 ($7.38), for a total transaction of £15,434.64 ($19,564.76). Also, insider David Anderson bought 6,745 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was bought at an average price of GBX 601 ($7.62) per share, with a total value of £40,537.45 ($51,384.78). Insiders own 13.13% of the company’s stock.

Hargreaves Services Company Profile

Hargreaves Services Plc provides environmental and industrial services in the United Kingdom, Southeast Asia, and South Africa. The company operates through: Services, Hargreaves Land, and Hargreaves Raw Materials Services segments. It offers environmental services, such as carbon sequestration and forestry creation, land remediation, land restoration and aftercare, geotechnical assessment, environmental site survey, and waste management services; materials handling operation and maintenance, mechanical and electrical maintenance, and project engineering services; and earthmoving advisory and contracting services, including soils treatment services.